UPDATE 1-AES, ContourGlobal agree to cut power prices in Bulgaria
April 08, 2015 at 06:02 AM EDT
SOFIA, April 8 (Reuters) - U.S. power companies AES and ContourGlobal agreed to cut the price of electricity they sell to Bulgaria's public power provider NEK on Wednesday, in exchange for NEK making about 700 million levs ($389 million) in late payments by July.